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Uganda

Uganda mobile money

Scheme name: Uganda mobile money

IIPS Type: Mobile money

Inclusivity level: Basic

Year of establishment: 2017

System owner: None (bilateral agreements)

Overseer: Bank of Uganda

Operator: Pegasus

Total Participants: 7

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CategoryUganda mobile money
Geographic reachDomestic
Geographic descriptionUganda
Scheme governanceNone (bilateral agreements between EMIs)
Settlement agentCentral Bank of Uganda
Participants - commercial banks0
Participants - MMOs7
Participants - non-bank PSPs0
Participants - MFIs0
Volumes 20181,878,740,000
Volumes 20192,840,930,000
Volumes 20203,526,972,165
Volumes 20214,290,780,097
Values 201818,646,387,832 USD
Values 201919,168,747,551 USD
Values 202024,622,981,836 USD
Values 202136,495,186,110 USD
Values 202243,507,845,576 USD
GNI35,086,225,848
GNI (%)124%
Interoperability arrangementThird party
Ownership modelParticipant-owned
Governance TypologyPrivate association
Messaging standardN/A
Types of proxy IDsMobile number; QR code
Use of open APIsN/A
QR code standard N/A
Pro-poor governanceYes
CB governance involvementNo
Expanded use casesNo
Minimum channel functionalityYes
Minimum use case functionalityYes
All licensed PSPs can participate (all-to-all interoperability)No
RecourseNo
Not-for-lossNo

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